Fund forms partnership for financial literacy

National Superannuation Fund (Nafsund) Limited has signed a three-year partnership with the Centre for Excellence in Financial Inclusion (Cefi) to enhance superannuation awareness with Cefi’s financial inclusion activities.
This collaboration will advance superannuation awareness within Cefi’s programme and assist it in incorporating superannuation into school’s curriculum activities plus supporting provincial government engagement programmes.
The main activities during the three-year partnership will include:

• ADVANCING superannuation awareness within Cefi’s Financial Literacy Training Programme by jointly producing 3-5 minute financial literacy and superannuation videos for awareness purposes to promote financial inclusion in Papua New Guinea;
• ASSIST Cefi with the integration of superannuation into Financial Education for schools Curriculum Project through the department of Education, Curriculum Development Division; and,
• SUPPORTING Cefi by participating in the provincial government engagement programme involving conducting awareness behind the rationale of superannuation to the provincial steering committee members and organising savings for young mind campaigns via superannuation across designated schools in the provinces.

Cefi’s executive director Saliya Ranasinghe said “the partnership is important as it highlights their commitment to expand financial inclusion awareness in PNG”.
“Through this partnership with Nasfund, will be able to offer Papua New Guineans financial literacy and superannuation awareness,” he said.
“Financial literacy education plays a very important role as it’s brings new knowledge and changes people’s attitude.”
Meanwhile, Nasfund chief executive officer Rajeev Sharma said Nasfund was proud to announce a series of strategic initiatives aimed at enhancing superannuation education and financial literacy among Papua New Guineans.